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IKB Deutsche Industriebank AG: Figures for the first half of the financial year 2015/16

DGAP-News: IKB Deutsche Industriebank AG / Key word(s): Half Year Results
IKB Deutsche Industriebank AG: Figures for the first half of the financial
year 2015/16

30.11.2015 / 17:30
The issuer is solely responsible for the content of this announcement.

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IKB Deutsche Industriebank:
Figures for the first half of the financial year 2015/16

- Positive consolidated net income

- CET 1 ratio increased further

- Leverage ratio at high level

- Administrative expenses reduced

[Düsseldorf, 30 November 2015] IKB Deutsche Industriebank AG generated
consolidated net income of EUR 23 million in the first six months of the
financial year 2015/16 (1 April to 30 September 2015). The CET 1 ratio
increased to 11.3% as at 30 September 2015. The leverage ratio amounted to
8.9%, while the liquidity coverage ratio was 335%.

The consolidated income statement for the first half of 2015/16 is as
follows:

Table: IKB consolidated income statement in accordance with the German
Commercial Code (HGB)

                          1 Apr. 2015 to
                                           1 Apr. 2014 to 30 Sep.
in EUR million             30 Sep. 2015                      2014    Change
Net interest and lease              142                       131        10
income
Net fee and commission               14                        17        -2
income
Net trading income                    0                         2        -1
Administrative expenses            -143                      -154        11
Personnel expenses                  -90                       -88        -2
Other administrative                -53                       -65        12
expenses
Net other income                     -8                       117      -125
Net risk provisioning                14                       -24        38
Tax income/expenses                   4                       -16        20
Consolidated net income              23                        73       -50

Some totals may be subject to discrepancies due to rounding differences.


Net interest and lease income in the Group amounted to EUR 142 million in
the period under review (first half of 2014/15: EUR 131 million). The
increase was largely due to lower refinancing costs. Despite intense
competition, the Group's new business volume increased by EUR 0.5 billion
year-on-year to EUR 1.8 billion in the first half of the financial year
2015/16. In its lending activity, IKB is maintaining its standards in